Price is approaching pivot point at 113.778 which is in line with 23.6% Fibonacci retracement level & horizontal overlap support. A break and close below this level could see a price swing towards 1st support at 112.098.This level is in line with 161.8% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal overlap support. Finally, price is unlikely to surpass our strong resistance at 114.235, which coincides with , 61.8% Fibonacci extension level . This is further supported by how price is likely to reverse off the RSI resistance level.
Pivot:
113.778
Why we like it:
23.6% Fibonacci retracement level & horizontal overlap support
1st Support:
112.098
Why we like it:
161.8% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal overlap support
1st Resistance:
114.235
Why we like it:
, 61.8% Fibonacci extension level
Trading FX & CFDs carries high risk.
Pivot:
113.778
Why we like it:
23.6% Fibonacci retracement level & horizontal overlap support
1st Support:
112.098
Why we like it:
161.8% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal overlap support
1st Resistance:
114.235
Why we like it:
, 61.8% Fibonacci extension level
Trading FX & CFDs carries high risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.